Dalelorenzo's GDI Blog
30Mar/210

Here are some of Sen. Ron Johnson’s thoughts on the $1.9 trillion COVID-19 relief bill

ron johnson covid bill Sen. Ron Johnson

GOP Sen. Ron Johnson took to the Senate floor to let Americans is a well-known fact that $ 1.9 trillion is, physically, a good deal of coin. "I think we've grown immune to these vast amounts of money, " said Johnson, who voted for the GOP's $ 1.5 trillion tax cut in 2017. He also displayed a graphic showing how large-scale a load of a trillion one-dollar bills would be. Visit the Business section of Insider for more narrations.

Republican Sen. Ron Johnson of Wisconsin took to the Senate floor Wednesday to rend Democrats over their $1.9 trillion COVID-1 9 relief bill, known as the American Rescue Plan.

Johnson's overarching message: $1.9 trillion is, physically, a good deal of money.

"I think we've grown immune to these vast amounts of fund, " he said Wednesday. "I always knew we were going to be in big trouble, when we stopped talking about hundreds of billions of dollars and switched to talking about trillions of dollars. And so we talk about one trillion or two trillion, it precisely doesn't sound as much as a duo hundred billion, or 800 billion, which was the stimulus box under the Obama administration."

The senator then put up a graphic showing how long it would take to accumulate $1.9 trillion at$ 1 per second.

ron johnson covid bill Sen. Ron Johnson discusses the COVID relief bill on the Senate floor.

Per the graphic, it would make more than 60,000 times to accrue $1.9 trillion at that proportion. A long time, as Johnson mentioned. And to show exactly how long, for anyone who was still unable to grasp the concept, the GOP senator pointed out that "the human race began to develop language about 50,000 years ago."

Then he initiated a second graphic demonstrate how big a stack of a trillion one-dollar bills would be. It's unclear why he selected the above figures or what it signifies.

According to the graphic, a load of one trillion dollar bills would be 67,866 miles high. That's a long distance.

"That is what we are debating spending, " Johnson said. "A stack of one dollar bill that increases more than halfway the interval to the moon."

ron johnson covid bill Sen. Ron Johnson speaks on the Senate floor.

Johnson then dove deeper into the relationship between money and the moon.

"This is at a point in time when we're about $28 trillion in debt, " he said. "That singles stack would be over 1.9 million miles. Or if we employed it relative to the moon, that would be eight loads; seven loads to go directly to the moon and one further stack that's 95 percent of the mode there."

"These are astonishing sums that we're talking about, and the majority party now wants to jam this through through a reconciliation process, " Johnson added. "No consultation with our area. Really blow it through now, 20 hours of debate, a vote-a-rama, pass $1.9 trillion in spending, and go home."

Fact check: Now are some big-ticket parts Johnson did not voice opposition to or actively substantiated: The Republican Party's $1.5 trillion tax cut, overstepped in December 2017 through budget reconciliation. Johnson connected 50 other GOP senators who elected to pass the money which, according to the Congressional Budget Office, would saddle the federal government with an additional $ 1.9 trillion in debt from 2018 to 2028. Trump's crusade against the 2020 results of the elections, which payment US taxpayers $519 million and counting.Trump's golf outings, which cost US taxpayers more than $ 150 million.

"At some point in time, there will be a day of reckoning, the debt crisis, and it won't be moderately, " Johnson said Wednesday. "My suggestion, at least as we consider this: is let us actually hold a debate. Let's have a discussion. Let's consider the amendments. Let's not do this in 20, 24, 30 hours. Let's make the time to seriously consider what we are doing to our children in contemplating spending a stack of dollar bills over 135,000 miles high-pitched, diversifying more than halfway to the moon."

Read the original clause on Business Insider

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